Stock Track | NANO Nuclear Energy Soars 6.04% Intraday After Beating Q4 Earnings Estimates

Stock Track12-18 22:34

NANO Nuclear Energy Inc (NASDAQ: NNE) surged 6.04% during intraday trading on Thursday, reflecting strong investor optimism following the company's better-than-expected quarterly earnings report.

The company reported a Q4 loss of $0.19 per share, significantly beating the consensus estimate of a $0.33 loss. This 42.94% improvement over analyst expectations has likely fueled the stock's upward momentum, as traders reacted positively to the earnings surprise.

Additionally, the reported loss represents a 137.5% decrease compared to the same period last year, further highlighting the company's improving financial performance and driving bullish sentiment among investors.

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